QUESTIONS WITHOUT NOTICE

Senator FARRELL (South Australia—Minister for Trade and Tourism, Special Minister of State and Deputy Leader of the Government in the Senate) (14:36): I thank Senator Canavan for his second supplementary question. As I was saying, this particular investment is through Export Finance Australia's commercial account, meaning that there's no cost or exposure to Australian taxpayers.

Export Finance Australia is a key strategic asset. It helps Australian businesses— Senator Canavan: Why do we give it to them, then? Senator FARRELL: Oh, dear, oh dear!

Give me some respect please, Senator Canavan. You've asked the question. You don't want the answer.

I'm giving you the answer. It helps Australian businesses to trade and invest overseas, and it supports infrastructure development in our region where there is a direct benefit to Australia. It only invests in projects that have a direct benefit to Australia.

These projects strengthen our partnerships with emerging economies, grant Australian businesses access to new, lucrative markets and create new research and development opportunities. (Time expired) Honourable senators interjecting— The PRESIDENT: Minister Ayres and Senator Canavan, I have a senator on her feet.